Argentina's economic activity rose 1.9% year-over-year in January 2026, with seasonally adjusted output up 0.4% from December. Ten of the sectors tracked posted annual gains. Fishing led at 50.8%, followed by agriculture, livestock, hunting, and forestry at 25.1% , which was also the largest positive contributor to annual growth. Mining and quarrying added 9.6%, with agriculture and mining combined contributing 1.7 percentage points to the annual expansion. Conversely, five sectors contracted year-over-year. Wholesale, retail trade, and repairs fell 3.2%, while electricity, gas, and water declined 3.0%. Manufacturing dropped 2.6% and public administration fell 1.6%, with these four sectors combined subtracting 0.9 percentage points from annual growth.